British-based premium online retailer Oki-Ni has been bought by French menswear e-commerce and media group MenInvest for an undisclosed sum. Founded in 2001 by Ben Banks, Gino Da'Prato, Charles Perez and Dominique Signoret,
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For financial year 2013, Marks and Spencer group sales were up 1.3 percent. Underlying operating profit was down 3.5 percent. In the UK, underlying operating profit was down 2.2 percent. Underlying earnings per share decreased by 6.3 percent. The
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OPINION_ As of 1 May 2013, the EU introduced an additional 26 percent import duty on girl’s and women’s jeans made in the US, taking the total tariff from 12 percent to 38 percent. The brunt of this increase will be felt by US denim brands operating
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Global superstar Rihanna is suing British fashion retailer Topshop for 5 million US dollars for selling t-shirts bearing her image without her consent, it has emerged. According to the New York Post, Rihanna’s team has been trying to negotiate with Topshop
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British department store John Lewis has confirmed that it will make its debut at London Collections: Men in June as the retailer reinforces its menswear collections. The retailer will be not only be previewing its Spring/Summer
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Luxury department store Harvey Nichols is to expand its own private label with a new dedicated department. The company is looking to find individuals who can fill the roles of designing, production control and sourcing. The new label will see
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American fashion brand Alice + Olivia designed by Stacey Bendet is planning to expand heavily in Asia. Therefore, the New York-based company entered an exclusive strategic partnership with Hong Kong-based retail, brand management and
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Brown Shoe Co. has announced the sale of its Avia and Nevados brands to Galaxy Brand Holdings Inc. for 74 million dollars. The shoe retailer will however retain Ryka and other brands, and said it plans to use the proceeds from the sale to pay down
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In general, Geox figures for the first quarter were lower than expected, with revenues coming at 262 million euro, down 20.4 percent year-on-year. Earnings before interest, taxes and depreciation (EBITDA) was of 40.5 million euros, down
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The Swish luxury group has treated its investors with an 83 percent increase in this year’s dividend to mark the company’s 25th anniversary. “The enduring appeal of our Maisons and their growth potential lead us to look forward to the future
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Bain & Company, an Italian luxury consulting company, have researched and published the key drivers for the luxury goods industry for 2013, in association with Fondazione Altagamma. The research states the slowdown of touristic flows
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Walmart, the world's largest retailer, has posted a rise in profits in the three months to April. The US giant, which owns UK's Asda, said profits rose 1 percent to 3.78 billion dollars (2.48 billion pounds) after sales in the US fell by 1.4 percent.
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BuyMyWardrobe, the marketplace for pre-loved luxury designer fashion, has added luxury fashion entrepreneur and founding investor in Net-A-Porter Carmen Busquets to its line-up of investors, as the company pushes forward with trying to
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The British government has awarded heritage brand Barbour with 549,000 pounds in funding from the Regional Growth Fund to expand capacity and export to new markets. The investment will allow Barbour to create 130 new jobs. Barbour, car
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Marks and Spencer have injected dose of fashion to its ailing clothing collections. The high street giant's new clothing range has been carefully designed and sourced in strategy to help boost sales. The company said on Tuesday that its new
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American stalwart Calvin Klein is to re-brand it's diffusion and bridge level collections in an effort to streamline its name. The company, which is owned by US conglomerate PVH Corporation, stated it would re-brand its ck Calvin Klein's men's
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More fashion companies and retailers have committed to signing the legally binding, enforceable and transparent Accord on Fire and Building Safety in Bangladesh with the global association of trade unions IndustriALL, UNI and Bangladeshi unions as
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Puma has cut its revenue and earnings forecast for the full year after reporting sales worse than expected in Europe and Asia. However, Puma still expects to continue to increase net profit compared to 2012. "In view of our first-quarter results and
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British high street footwear retailer LK Bennett is to open its first store in China this year. The chain, best known for its nude platform pumps worn by the Duchess of Cambridge, is "looking very closely” at opportunities in China and the first deal
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Whoever thought London is the world's most expensive retail location, think again. Rents in Hong Kong in key retail locations can be up to four times higher than similar locations in London and Paris. Hong Kong remained the world’s most expensive
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Premium womenswear retailer LK Bennett has appointed
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E.Land and K-Swiss Inc. have acquired California-based comfort footwear brand OTZ Shoes,
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Graduates from 16 of the world’s leading fashion universities,
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Menswear initiative Man, the joint venture created
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Burberry has announced preliminary results for the year ended
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International jewellery retailer, Anthony Nicholas Group
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Philadelphia based Urban Outfitters announced net income
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Department store John Lewis has announced that it is
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Lifestyle brand Barbour has expanded its senior
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Department store Debenhams has become the second
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Next’s group property director Andrew Varley is to step
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Fourteen more fashion companies have signed the Accord on Fire and Building Safety
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Analysts at N+1 Singer said Mothercare will have a viable UK
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F&F, the clothing range sold by British supermarket chain
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British buy-out firm 3i is at the lookout at major investment
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The chairman of Marks & Spencer says he is “100pc behind” chief executive Marc Bolland
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Lectra, the world leader in integrated technology solutions
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Nordstrom fell 2.7 percent to 59.45 dollars after regular
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For the first quarter ended May 4, 2013, Nordstrom’s earnings per
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For the first quarter (January 1, 2013 to March 31, 2013)
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Seven UK-based jewellery designers, supported by the BFC’s
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Italian fashion house Dolce & Gabbana is joining the London
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British fashion label Alexander McQueen has unveiled a new-look website, which not only has a
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DeSL announces that Turkish based fashion
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For the year ended March 31, 2013, Richemont the Swiss
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In Asia, big news was that Chinese apparel supplier and
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Fashion retailer AllSaints has launched a film production division, AllSaints Film,
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John Lewis is to open a new 100,000 square foot department store at Oxford’s Westgate Centre,
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Denim brand Lee Cooper is branching out into Estonia and
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British department stores have seen a drop in sales in April, according the Barclaycard.
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For the first quarter of 2013, Tod’s sales were up 3 percent from the first quarter of 2012.
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The IAF was invited to attend CMAI’s Fashion Retail
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Boden has boosted sales faster outside the UK for the first
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In April 2013, H&M Group total sales including VAT in local currencies increased by 11
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The creator of Zappos, German Rocket Internet, has announced
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